Gojek invests in Indonesian e-wallet firm LinkAja, says statement; merger with Tokopedia also in line


The Gojek signage atop the company's building in Jakarta, Indonesia, on Tuesday, Jan. 5,2021. Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter. - Bloomberg

SINGAPORE, March 9 (Reuters): Gojek has invested in Indonesian state-backed e-wallet company LinkAja which will now be a payment option on its app, the ride-hailing and payments firm said in a statement on Tuesday.

Gojek rival Grab announced in November it was leading a US$100 million investment round in LinkAja, which also received investor commitments from Telkomsel.

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